"We are delighted that the re-submission of the tender has been completed and look forward to a response from the ministry,” said Tony Gilby, Tlou managing director.

“We have detailed what we believe is a very compelling and robust proposal.

“If successful this project can help start a new CBM industry in Botswana, create further employment, provide a much-needed local clean power source, and bring a return for Tlou investors.”

Tlou noted that the timeline for the remainder of the tender process is not yet known, though it also said that it is due to start a drilling programme very soon.

Gilby added: “Tlou is well placed, as the leading CBM company in the region, to be able to deliver the project outlined in the submission and we look forward to working closely with the government to make it a success.

“I would like to thank all our staff and consultants for their time an effort working on this project.”